11 articles tagged
South Korean President Lee Jae Myung described the nation's property market as a bubble on the verge of bursting, backing the central bank's decision to hold rates.
South Korea's Land Minister confirmed that expanding real estate regulation zones is unavoidable, with new measures expected this week to curb speculation.
Over 2,300 real estate price collusion cases were reported in South Korea from 2020 to 2024, with 71.5% concentrated in the capital region, leading to increased police investigations.
Deputy Prime Minister Koo Yun-cheol announced plans to stabilize the real estate market, boost domestic demand, and manage external economic risks. He noted signs of economic recovery and projected a
South Korea confronts a complex set of challenges, including a surging real estate market in Seoul, rising cyber threats, and discussions of a unified labor market with Japan and Taiwan.
South Korea's tax authority has launched a major investigation into 710 individuals for suspected tax evasion linked to luxury property acquisitions.
South Korean tech giant Naver has appealed a ₩200 million fine for monopolistic practices in the online real estate market, escalating the legal battle to the Seoul High Court.
A fire at a national data center in South Korea has triggered a widespread outage, paralyzing hundreds of essential government services including banking and mail.
In South Korea's booming property market, real estate agents face a crisis of low, government-capped commissions, intense competition, and falling transactions.
A new KDI study of 800 real estate projects shows that increasing developer equity from 3% to 20% cuts total project costs by over 7% and significantly lowers financial risk.
A Seoul court has fined tech giant Naver 200 million Korean won for violating antitrust laws by using exclusive contracts to block competitors in the real estate market.
